Announced
Completed
Financials
Tags
Private
Completed
Friendly
Oil Equipment and Services
Acquisition
oil and energy
Majority
oilfield services
Single Bidder
United States
Domestic
Synopsis
Liberty Oilfield Services, a North American oilfield services firm, completed the acquisition of PropX, a provider of proppant delivery equipment, logistics and software solutions, for $90m. "The transaction positions Liberty as an integrated provider of completion services with proppant, equipment, logistics and integrated software that will improve Liberty's operational and logistics efficiency. We also expect the leading-edge wet sand handling technology to reduce the environmental impact and cost of completions for Liberty's frac customers and the industry," Liberty.
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